[MIP #32] - Radiant Capital's LayerZero Airdrop Redistribution Plan

Abstract:

This proposal seeks the input of vlMGP holders regarding Radiant Capital’s redistribution plan of the first LayerZero airdrop. The main point of contention within the community is the extent to which expired and withdrawn dLPs should be rewarded.

Motivation:

The redistribution of the LayerZero airdrop is a significant event for Radiant Capital, directly impacting our community of contributors. The core issue at hand is the debate over rewarding expired and withdrawn dLPs, with options ranging from 0 to a higher % of the total allocation. No allocation for withdrawn dLP would maximize the airdrop for our community.

Specification:

The community will vote on the following options, each combining a specific allocation split between OFT-RDNT bridge activities and dLP, and a status multiplier for withdrawn dLP:

Options:

  • 15% to OFT-RDNT, 75% to dLP, 0x Withdrawn dLP
  • 15% to OFT-RDNT, 75% to dLP, 0.1x Withdrawn dLP
  • 15% to OFT-RDNT, 75% to dLP, 0.25x Withdrawn dLP
  • 10% to OFT-RDNT, 80% to dLP, 0x Withdrawn dLP
  • 10% to OFT-RDNT, 80% to dLP, 0.1x Withdrawn dLP
  • 10% to OFT-RDNT, 80% to dLP, 0.25x Withdrawn dLP
  • Abstain

Please refer to Link to Radiant Capital’s RFP-37 for further details